OECD/IEA Annex I Expert Group SIDE EVENT at UNFCCC meetings in BonnDifferent Strokes for Different Folks: post-2012 MRV and FinanceTuesday, March 31, 13:00 to 15:00
OECD Side Event at AWG BonnSpaghetti Junction: Untangling the strands of a post-2012 climate deal Tuesday,

This working paper seeks to inform critical questions with regard to policy mixes of investments in adaptation and mitigation, and how they might vary over time. This is facilitated here by examining adaptation within global Integrated Assessment Modelling frameworks.

This working paper provides a conceptual backdrop for urban economic impact assessment of climate change and its specific aim is to provide both a conceptual and a methodological framework for OECD work in this area.

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While political will is necessary to tackle climate change, financial measures are needed to keep down the cost of action. According to Angel Gurría, "Ministers of Finance share a common responsibility to help shape cost-effective policies to respond to climate change."

Given that the majority of the world’s population lives in cities accounting for 60 to 80 percent of emissions, cities are key actors in our efforts to achieve long-term sustainable solutions to the global climate change challenge, according to Mr. Gurría.

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In the lead-up to joining the European Union, Hungary made significant progress in reducing air and water pollution and protecting its nature and biodiversity, according to Mr. Gurría. However, he recommended that Hungary redouble its efforts, in order to further reduce pollution and use energy and raw materials more efficiently.

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Climate change is confronting us with the fierce urgency of “now”. It concerns the environment as well as the global economy. Global temperatures will continue to rise unless greenhouse gas emissions are reduced significantly. Impacts will include more intense heat waves, droughts, storms and floods, which in turn will cause damage to key infrastructure and crops, and increase risks to human health and life. Action is urgent and

Adaptation to climate change is now widely recognized as an equally important and complementary response to greenhouse gas (GHG) mitigation. Adaptation measures are increasingly being put in place in both developing and developed countries, and by bot